NATIONAL GRID PLC-SP ADR (NGG) Stock Technical Analysis
NYSE:NGG - New York Stock Exchange, Inc. - US6362744095 - ADR - Currency: USD
Overall NGG gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, NGG is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
NGG is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so NGG slightly outperforms the market at the moment.
When comparing the yearly performance of all stocks, we notice that NGG is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
NGG is an average performer in the Multi-Utilities industry, it outperforms 62% of 25 stocks in the same industry.
In the last month NGG has a been trading in the 64.31 - 74.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although NGG has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
55.44
75.09
When analyzing the support we can see 3 important areas.
- A support zone ranging from 65.08 to 67.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 62.12 to 63.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @56.00 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 71.50 to 72.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @74.35 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.82
Mansfield1.05
10 Day High73.37
10 Day Low70.06
20 Day High74.82
20 Day Low64.31
52 Week High74.82
52 Week Low55.13
Performance
1 Week-2.05%
2 Weeks-2.88%
1 Month7.62%
3 Month14.04%
6 Month9.76%
12 Month-1.45%
2 Year1.2%
3 Year-5.65%
5 Year22.86%
10 Year-10.25%
15 Year58.69%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.42
RSI(14)50.77
LBB70.47
UBB74.16
70.18
-2.39 (-3.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryMulti-Utilities
Performance
% Chg-3.29%
1 Week-2.05%
2 Weeks-2.88%
1 Month7.62%
3 Month14.04%
6 Month9.76%
12 Month-1.45%
2 Year1.2%
3 Year-5.65%
5 Year22.86%
10 Year-10.25%
15 Year58.69%
Volatility
ATR(14)1.24
ATR(20)%2.02%
ATR Inc25.33%
Range Today1.97
ADR(20)1.1
ADR(20)%1.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.82
Mansfield1.05
10 Day High73.37
10 Day Low70.06
20 Day High74.82
20 Day Low64.31
52 Week High74.82
52 Week Low55.13
CS1 End67.16
CR1 Start71.5
Volume & EV
DER(3)1.88%
DER(5)1.25%
Volume950.30K
Volume Incr-46.26%
Vol(5)630.70K
Vol(50)811.48K